Altcoin News

The collapse of UST and LUNA sounded the alarm! Regulations in various countries point to the cryptocurrency market

The impact of the collapse of the Terra algorithm stablecoin UST and the governance token LUNA has been transmitted to the outside of the cryptocurrency field, and regulators in various countries have drawn attention back to the cryptocurrency market. On May 8, the algorithmic stable currency UST running on the Terra blockchain was significantly decoupled. …

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Terra synthetic asset protocol Mirror Protocol is under attack! Estimated loss of $2 million

The Terra Ecosystem’s DeFi app Mirror Protocol is under attack again. At press time, the mBTC, mDOT, mETH, and mGLXY synthetic asset pools on the protocol have been depleted, with a preliminary estimate of a loss of around $2 million. According to community members , the hackers may have exploited a bug in a misconfigured price oracle to carry out …

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Optimism governance token OP airdrop is here! A large number of users are rushing to get it, and the network is overwhelmed

Optimism, the well-known Ethereum Layer 2 scaling solution, announced earlier today (1) that the governance token OP airdrop is officially open for application, and free tokens will be sent to 249,000 eligible addresses as rewards. Early adopters of the project and other ethereum users such as DAO voters, multi-signers, and ethereum cross-chain bridge users. Optimism …

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